Sinple Franchise Ltd
12173288
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/08/2022
BUSINESS PERSON
BRITISH · ENGLAND · Age 36
Also on 1 other board
Persons with Significant Control
Mr Adam James Parnell
British · England · Age 36
548, Newark Road, Lincoln, LN6 9NG
Notified 07/11/2022
Former PSCs
Mr Patrick Baptista Pinto
Ceased 01/03/2020
Mr Matthew Paul Millar
Ceased 01/03/2020
Mr Hussain Nurbhai
Ceased 07/11/2022
CompanyRankvs 1136+ SIC 77400 peers35
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2023
Net Worth
-£19k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£22k
Working capital
Current Assets
£10k
Current Liabilities
£32k
Fixed Assets
£3k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2023 | 0.31 | -£9k | — |
| 2022 | 0.51 | -£14k | £12k |
| 2021 | 1.20 | -£4k | £25k |
| 2020 | 1.47 | — | £6k |
Derived from filed accounts. Not audited figures.